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20121205
20121213
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MSNBC 1
MSNBCW 1
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MSNBC
Dec 9, 2012 5:00am PST
? >> speaker boehner said he's willing to raise revenue. his method is simplify the tax code, eliminating the deductions wealthy people take advantage of. president obama is less interested in that. his emphasis is raising rates. that's been the debate. republicans may or may not concede on that. as you said, they don't have a lot of leverage. if they do nothing, if no law passes, they go over the fiscal cliff. >> that raises the issue. you are talking what a disaster the medicare eligibility portion of this would be, do you look at the compromise of 37%, if you could get something more favorable on medicare, would you say going up to 37% instead of 39.6 is enough? >> no. look, there was a tax plan and we looked at the discussion of keeping the rates at the level and reforming the tax code and dealing with deductions. the truth is, if you want to have significant deficit reduction, which republicans are arguing for and you want to stabilize the debt, we need significant revenue. we need to -- the real challenge we have is we are not raising revenue. it's at the lowest levels it's been in
Search Results 0 to 1 of about 2 (some duplicates have been removed)